Market News
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Kenya to complete construction of the US$186m Southern Bypass by July 2015
Posted on :Saturday , 31st January 2015
Kenya National Highways Authority (Kenha) has announced that construction of the US$ 186m Nairobi Southern Bypass is expected to be complete by July 2015.
Kenha Special Projects Manager, Paul Omondi confirmed the reports and further stated that the contractor, China Road and Bridge Corporation is working tirelessly to make sure that the road is complete soon a. . .Ultra Modern Stadium Planned in Kenya
Posted on :Saturday , 24th January 2015
Government in conjunction with Netherlands firm set to put up ultra modern stadia in three counties
Qalaa Invests in East Africa Cargo as China Builds Rail Link
Posted on :Thursday , 22nd January 2015
Egyptian private-equity company Qalaa Holdings SAE is investing $70 million to accelerate the movement of rail cargo carried from East Africa’s busiest port, as it faces competition from a new Chinese-backed link.
Qalaa controls Rift Valley Railways Ltd., the operator of a railway built almost a century ago running from Kenya’s Mombasa port to neighboring Uganda.Tanzania: Hai District Launches Road Maintenance Second Phase
Posted on :Monday , 19th January 2015
Hai — HAI District has launched the second phase of road maintenance, this time around targeting Hai small town area that was elevated to the status recently.Hai District Commissioner (DC), Mr Novatus Makunga said that the ongoing work involves
major renovation of the . . .Kenya: Cement Production Rises As Construction Thrives
Posted on :Monday , 19th January 2015
Production of cement, a key construction material, surged past half a million tonnes last July as 11-month tally surpassed full-year figures for the previous two years, latest data show.A total of 500,428 tonnes were manufactured in the month, pushing total production by end of November to 5.21 million tonnes. This is far higher than the 5.06 million tonnes churned out in the whole of 201. . .
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